Beginning Farmer/Rancher Loan Program

Helps eligible beginning farmers and ranchers get agricultural loans at lower interest rates than conventional farm credit: NIFA issues a tax-exempt bond purchased by the borrower's chosen lender, which sets a lower rate on the loan for land, improvements, equipment, machinery and breeding livestock. Award: Loan amount cannot exceed $682,700 (adjusted annually for inflation and deflation) Eligibility: Individuals actively engaged (or becoming engaged) in an agricultural or ranch operation...